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State’s budget woes to be balanced in 4Q by spending freeze

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Gov. Jindal decalres statewide spending freeze; cites diminished revenues in issuance of Executive Order

Gov. Bobby Jindal has partially frozen state spending on travel, supplies, contracts and other services in agencies under his control.

Jindal ordered the limited spending freeze Thursday as he prepares to cope with an expected multimillion deficit for the current budget year, which ends June 30. Estimates of the deficit range from $100 million to as much as $400 million. Gov. Bobby Jindal has partially frozen state spending on travel, supplies, contracts and other services in agencies under his control.

Jindal ordered the limited spending freeze Thursday as he prepares to cope with an expected multimillion deficit for the current budget year, which ends June 30. Estimates of the deficit range from $100 million to as much as $400 million.

read the full release here at: http://www.wdsu.com/politics/22954115/detail.html

Counterpoint:

Lamar White, Jr. at cenlamar offers an explanation of the state’s revenue shortfall which was predicted two years ago as the governor prepared to repeal the Stelly Amendment here.

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Written by demon53

March 29, 2010 at 8:25 pm

Posted in Uncategorized

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